Day: November 15, 2023

METTAWA, Ill., Nov. 15, 2023 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC), today announced its Mercury Marine division was named a 2024 Consumer Electronics Show (CES) Innovation Award honoree in the Sustainability, Eco-Design & Smart Energy category for the Avator 20e and 35e electric outboards. This is the third CES Innovation Award for Mercury. In 2022, Mercury’s V12 600hp Verado outboard engine won the award in the Vehicle & Transportation category, and in 2021, Mercury’s 1st Mate Marine System technology won in two categories, earning the Best of Innovation designation in the In-Vehicle Entertainment & Safety category and the CES Innovation Award honor in the Vehicle Intelligence & Transportation category. Mercury introduced the Avator 20e and 35e electric propulsion systems in August and both will...

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) — Partners Value Investments LP (TSXV: PVF.UN, TSXV: PVF.PR.U) (the “Partnership”) and Partners Value Investments Inc. (TSXV: PVF.WT) (“PVII”) today announced that they have obtained a final order (the “Final Order”) from the Ontario Superior Court of Justice (Commercial List) approving the previously announced transaction with Partners Limited to be implemented by way of a court approved plan of arrangement (the “Arrangement”). The effect of the Arrangement is to, among other things, amalgamate Partners Limited with PVII and other related entities, with the resulting entity continuing to be named Partners Value Investments Inc. (“Amalco”), under a newly formed limited partnership named Partners Value Investments L.P. (“New PVI LP”). New PVI LP will have substantially the same capital structure...

MIAMI, Nov. 15, 2023 (GLOBE NEWSWIRE) — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, announced today that the Ontario Superior Court of Justice (Commercial List) (the “Court”) has granted an interim order (the “Interim Order”) authorizing various matters in connection with the Company’s previously announced plan of arrangement (the “Plan”) under Section 192 of the Canada Business Corporations Act (the “Transaction”), involving the Company, AYR Wellness Canada Holdings Inc. (“AYR Wellness Canada”) and the other direct or indirect subsidiaries of AYR (excluding Ayr Foundation Inc.). The Interim Order provides, among other matters, that a special meeting (the “Meeting”) of holders (the “Senior Noteholders”) of the Company’s 12.5% senior notes...

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its November 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The November distribution will be payable on December 15, 2023 to Unitholders of record on November 30, 2023. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at September 30, 2023, CAPREIT owns approximately 64,500 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%. For more information...

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the November 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “November Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on November 30, 2023, with payment on December 15, 2023. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01480 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered...

DELSON, Quebec, Nov. 15, 2023 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) (“Goodfellow” or the “Company”), announced today that the Toronto Stock Exchange (the “TSX”) has approved the notice filed by the Company to renew its normal course issuer bid (“NCIB”) with respect to its common shares (the “Shares”). The notice provides that Goodfellow may, during the 12-month period commencing November 20, 2023 and ending no later than November 19, 2024, purchase up to 426,157 Shares, representing approximately 5% of the 8,523,154 issued and outstanding Shares of the Company as at November 9, 2023, through the facilities of the TSX or other designated exchanges or Canadian alternative trading systems, at times and in numbers to be determined by the Company. All Shares purchased under the NCIB will be acquired on the open market and in...

MONTREAL, Nov. 15, 2023 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) announced today that it has priced an offering (the “Offering”) of $500 million aggregate principal amount of 5.548% senior unsecured notes due November 22, 2030 (the “Notes”). The Notes are being offered through an agency syndicate consisting of CIBC Capital Markets, National Bank Financial Markets and RBC Capital Markets, as joint bookrunners and co-lead private placement agents, and including BMO Nesbitt Burns Inc., Scotia Capital Inc., TD Securities Inc., BNP Paribas (Canada) Securities Inc., Desjardins Securities Inc., J.P. Morgan Securities Canada Inc., HSBC Securities (Canada) Inc., Citigroup Global Markets Canada Inc., Raymond James Ltd. and Laurentian Bank Securities Inc., as co-managers. The offering is expected to close...